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Woodside Petroleum Ltd (WOPEY)
- Bloomberg
Woodside Wins Backing to Buy BHP Oil, Gas Amid Climate Backlash
(Bloomberg) -- Woodside Petroleum Ltd. almost certainly won investor approval to boost global oil and gas production by adding BHP Group assets while also facing a rebuke on its climate accounting.Most Read from BloombergTarget and Walmart’s Deep Pain Could Be Your GainWalmart Flashes a Warning Sign to the Entire Consumer EconomyStocks Suffer Steepest Rout in Almost Two Years: Markets WrapPlotkin Shuts Melvin Hedge Fund Reeling From Redditor AttackMusk Loses $12 Billion in a Day as He Tweets Pol
- Reuters
Woodside shareholders approve BHP petroleum merger
BRISBANE (Reuters) -Woodside Petroleum's shareholders on Thursday voted for a merger with BHP Group's petroleum arm to create a top 10 global independent oil and gas producer worth $40 billion, according to a vote count at the company's annual meeting. The merger, agreed last August, advances top global miner BHP's effort to move away from fossil fuels, as it looks to decarbonise, while doubling Woodside's oil and gas production and beefing up its funding for growth. "The merger is an opportunity for Woodside to increase its contribution to the world's growing energy needs and build the scale, resilience and diversity to thrive through the energy transition," Chief Executive Officer Meg O'Neill told shareholders.
- Stockopedia
Should holders of Woodside Petroleum expect a dividend payout?
Dividend payouts are a vital part of the return that investors get from owning stocks over time. But with new economic, it has become difficult to assess wheth...
